Feature
The Unthinkable Became Reality—Now We Need Radical Solutions
For all of the initial hopes pinned on a V-shaped recovery, a protracted, L-shaped path looks more likely. Any social and economic rebound will require creativity.
Remember when all of this was unthinkable? More than 20 million out of work in the U.S. China seizing up. The oil market collapsing, entire industries—airlines, professional sports—shutting down.
It seems a calamity of this magnitude should have been a thing of the past. And yet here we are, confronting the reality that a virus 400 times smaller than the diameter of a human hair has exposed the weaknesses of our globalized economy with ruthless indifference. The crisis is a rupture between the world we knew and the one that’s coming.